Avnet Electronics Marketing Named Wi2Wi's Exclusive Global Distributor

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Wed Jul 23, 2008 11:00am EDT

PHOENIX--(Business Wire)--
Avnet Electronics Marketing, an operating group of Avnet, Inc.
(NYSE: AVT), and Wi2Wi, Inc., a leading provider of OEM communications
products, have expanded their distribution agreement that was
announced in December. Under the new pact, Avnet has become Wi2Wi's
only global distributor and its sole distributor in the Americas,
Australia, New Zealand and India.

   Wi2Wi offers a full portfolio of low-cost modules and
System-in-Package (SiP) products that make adding additional wireless
capabilities to products easy and cost-effective. Together, Avnet and
Wi2Wi will reduce time-to-market by offering these integrated
technologies and fulfillment capabilities to customers on a worldwide
basis.

   "The addition of Avnet in North America added significantly to our
overall revenue growth," stated Reza Ahy, Wi2Wi CEO. "We are confident
that expanding this relationship to a global one will accelerate our
continued growth while solidifying our presence as a worldwide
wireless solutions company. Avnet's impressive global management and
supply chain operations will also strengthen our ability to support
designs as they migrate to offshore locations which will add
considerable value to our current customers' operations."

   "Wi2Wi's extensive portfolio of wireless module technology offers
customers a very versatile and cost-effective way to incorporate
wireless technology into their design applications," said Ravi
Kichloo, senior vice president of global semiconductor business
development for Avnet Electronics Marketing. "Avnet is honored to
continue growing our relationship with Wi2Wi and expanding our
semiconductor and supply chain offerings for both companies on a
global basis."

   For more information about Avnet's Wi2Wi product offering, please
visit www.em.avnet.com/wi2wi.

   About Wi2Wi

   Headquartered in San Jose, Ca., Wi2Wi, Inc., creates innovative,
cutting edge wireless complete system-in-package and module products
that dramatically reduce time-to-market for RF and system designers,
and simplifies the integration of multiple radios into end solutions.
Current products include both single and multifunction solutions for
802.11 a,b,g WiFi, Bluetooth, and GPS radio technologies. Incorporated
in 2005, Wi2Wi, Inc. was formed via a management buyout of the OEM
Group from Actiontec. Wi2Wi supplies solutions and high quality
offerings to the medical, industrial, and high end commercial and
consumer markets. Wi2Wi, Inc. is committed to providing fully
optimized, high performance products in small form factor packages,
value-added software solutions in conjunction with our wireless
products that address key market needs, and world-class customer
service and support levels during the design process. www.wi2wi.com

   About Avnet Electronics Marketing

   Avnet Electronics Marketing is an operating group of Phoenix-based
Avnet, Inc. (NYSE:AVT), a Fortune 500 company. Avnet Electronics
Marketing serves electronic original equipment manufacturers (EOEMs)
and electronic manufacturing services (EMS) providers in more than 70
countries, distributing electronic components from leading
manufacturers and providing associated design-chain and supply-chain
services. The group's Web site is located at http://www.em.avnet.com.

   About Avnet

   Avnet, Inc. (NYSE:AVT) is one of the largest distributors of
electronic components, computer products and technology services and
solutions with more than 300 locations serving more than 70 countries
worldwide. The company markets, distributes and optimizes the
supply-chain and provides design-chain services for the products of
the world's leading electronic component suppliers, enterprise
computer manufacturers and embedded subsystem providers. Avnet brings
a breadth and depth of capabilities, such as maximizing inventory
efficiency, managing logistics, assembling products and providing
engineering design assistance for its 100,000 customers, accelerating
their growth through cost-effective, value-added services and
solutions. For the fiscal year ended June 30, 2007, Avnet generated
revenue of $15.68 billion. For more information, visit www.avnet.com.

Avnet Electronics Marketing
Jody Janusch LaRoque, Public Relations, 480-643-2547
jody.janusch@avnet.com
or
Wi2Wi, Inc.
Connie Nguyen, 408-416-4219
Fax: 408-416-4201
connie@wi2wi.com

Copyright Business Wire 2008
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